Shinsei Bank May Seek
Taiwan-Controlled Bank

TAIPEI, Taiwan -- Japanese bank Shinsei Bank Ltd. is among the potential bidders for majority control of Taiwan government-controlled Chang Hwa Bank, a banker familiar with the situation said.

Taiwan's government last year began seeking buyers for Chang Hwa, the island's sixth-largest lender by assets, hoping to make it the first Taiwan bank to come under foreign control. The government, which is Chang Hwa's biggest shareholder, plans to sell about 40% of Chang Hwa to a single foreign buyer through a combination of issuing...